Your company expects to receive 5260488 Japanese yen 60 days from now. You decide to hedge your position by selling Japanese yen forward. The current spot rate of the yen is A$0.0092, while the forward rate is A$0.0096. You expect the spot rate in {d} days to be A$0.0091. How many Australian dollars will you receive for the 5260488 yen 60 days from now if you sell yen forward?

a.50500.685

b.48396.48

c.48396.49

d.47870.44

(no explanation needed)